Shares of Sogou (NYSE:SOGO) spiked 4.75% to $4.03 after the company reported Q4 results.
Earnings per share increased 42.86% year over year to $0.10, which beat the estimate of $0.08.
Revenue of $301,023,000 rose by 1.09% from the same period last year, which missed the estimate of $301,170,000.
Q1 revenue expected to be between $240,000,000 and $260,000,000.
How To Listen To The Conference Call
Date: Mar 09, 2020
Time: 9 PM ET
52-week high: $7.12
52-week low: $3.25
Price action over last quarter: Up 23.47%
Sogou Inc is an internet company in China which owns search engine called Sogou Search. It is engaged in developing Sogou Input Method, which is a Chinese language input software by both mobile and PC MAUs. Sogou Input Method is a cloud-based Chinese language input software which captures Chinese expressions and phrases on the Internet, which enables Sogou Input Method to build a comprehensive and up-to-date vocabulary library. The company focuses on delivering internet content to users through services such as search access to the vast content from Tencent's Weixin Official Accounts. It operates its business in China and earns the majority of its revenue from China itself.